French battery maker Verkor scores $2.1B to build gigafactory
Renault-backed french battery maker Verkor said on Thursday that it secured "more than €2 billion" to build its Dunkirk gigafactory.
Source: techcrunch.com
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French battery maker Verkor scores $2.1B to build gigafactory
Verkor produces pouch and cylindrical battery modules for electric vehicles and energy-storage sites. The huge sum includes an €850 million Series C funding round as well as €600 million in loans from the EU's European Investment Bank, Verkor explained in a statement.
Source: yahoo.com
Ascend Elements develops cathode material for Freudenberg
The US battery-materials company Ascend Elements has entered into a development partnership with Freudenberg e-Power Systems. This means that recycled battery materials could be used in heavy commercial vehicles and ships in the future. This is because, as part of the agreement, Ascend Elements will develop an NMC cathode material…
Source: electrive.com
Alliance invests in EV battery recycling plant in Hopkinsville
Alliance Resource Partners, L.P., owners of Warrior Coal in Hopkins County, announced a partnership this week with Hopkinsville-based Ascend Elements, Inc., a manufacturer and recycler of sustainable, engineered battery materials
Source: the-messenger.com
Ascend Elements to Engineer Sustainable Cathode Active Material (CAM) for Freudenberg e-Power Systems
/PRNewswire/ -- Heavy-duty electric trucks, buses, and maritime vessels in North America and Europe may soon be powered by recycled battery materials. Ascend...
Source: prnewswire.com